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Sep 30, 2012 1:00am EDT
for raising taxes. and, as a matter of fact, the biggest single tax increase in our nation's history took place 1977. and for the 5 years previous to our taking office, taxes doubled in the united states, and the budgets increased $318 billion. so, there is no ratio between taxing and balancing a budget. whether you borrow the money or whether you simply tax it away from the people, you're taking the same amount of money out of the private sector, unless and until you bring down government's share of what it is taking. with regard to social security, i hope there'll be more time than just this minute to mention that, but i will say this -- a president should never say "never.' but i'm going to violate that rule and say "never.' i will never stand for a reduction of the social security benefits to the people that are now getting them. >> mr. mondale? >> well, that's exactly the commitment that was made to the american people in 1980 -- he would never reduce benefits. and of course, what happened right after the election is they proposed to cut social security benefits by 25% -- reducing th
Search Results 0 to 1 of about 2 (some duplicates have been removed)